Jeff Abt, a managing director at Lehman Brothers, has left to join Goldman Sachs. Abt worked on the origination side. It is unclear who will replace him. Abt joined Lehman's leveraged finance group in 1998 after four years at Scotia Capital. He had worked on the loan capital markets desk since 2001.
Separately, Lehman is moving Matt Mcquade onto the par trading desk. There has been an empty seat since Jason Moynihan left to join Barclays Capital in April (CIN, 4/10). Mcquade previously worked in high-yield research.